SOSiLA Logistics REIT (TSE:2979) PB Ratio: 1.02 (As of Jul. 20, 2026) — 11% Below Median

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TSE:2979 SOSiLA Logistics REIT Inc TSE:2979
48 GF Score
Price 円109,700.00
GF Value 円121,727.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is SOSiLA Logistics REIT PB Ratio?

SOSiLA Logistics REIT TSE:2979 -0.36% 48 PB Ratio is 1.02 as of Jul. 20, 2026, which is 11% below its 10-year median of 1.14. GuruFocus rates TSE:2979 with a GF Score™ of 48/100 and a GF Value™ of 円121,727.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 928 REITs companies, SOSiLA Logistics REIT ranks worse than 67.03% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-20), SOSiLA Logistics REIT's share price is 円109700.00. SOSiLA Logistics REIT's Book Value per Share for the quarter that ended in May. 2026 was 円107,558.43. Hence, SOSiLA Logistics REIT's PB Ratio of today is 1.02.

Good Sign:

SOSiLA Logistics REIT Inc stock PB Ratio (=1.02) is close to 5-year low of 0.94.

The historical rank and industry rank for SOSiLA Logistics REIT's PB Ratio or its related term are showing as below:

TSE:2979' s PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.14   Max: 1.7
Current: 1.02

During the past 6 years, SOSiLA Logistics REIT's highest PB Ratio was 1.70. The lowest was 0.94. And the median was 1.14.

TSE:2979's PB Ratio is ranked worse than
67.03% of 928 companies
in the REITs industry
Industry Median: 0.86 vs TSE:2979: 1.02

During the past 12 months, SOSiLA Logistics REIT's average Book Value Per Share Growth Rate was -0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 120.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of SOSiLA Logistics REIT was 520.70% per year. The lowest was 1.70% per year. And the median was 2.50% per year.

Back to Basics: PB Ratio


SOSiLA Logistics REIT  (TSE:2979) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


SOSiLA Logistics REIT PB Ratio Related Terms


SOSiLA Logistics REIT PB Ratio Historical Data

* Premium members only.

The historical data trend for SOSiLA Logistics REIT's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SOSiLA Logistics REIT PB Ratio Chart

SOSiLA Logistics REIT Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
PB Ratio
Get a 7-Day Free Trial 1.23 1.55 1.27 1.11 0.99

SOSiLA Logistics REIT Semi-Annual Data
Nov19 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 0.99 1.01 1.14 1.06

TSE:2979 vs PLD, PSA, EXR: PB Ratio Comparison

For the REIT - Industrial subindustry, SOSiLA Logistics REIT's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SOSiLA Logistics REIT PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, SOSiLA Logistics REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where SOSiLA Logistics REIT's PB Ratio falls into.


TSE:2979
48GF Score
SOSiLA Logistics REIT Inc TSE:2979
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SOSiLA Logistics REIT PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

SOSiLA Logistics REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: May. 2026)
=109700.00/107558.429
=1.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.02 mean?
SOSiLA Logistics REIT (TSE:2979) has a PB Ratio of 1.02 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SOSiLA Logistics REIT and its competitors. This is 11% below median its historical median of 1.14. Over the past decade, SOSiLA Logistics REIT's PB Ratio has ranged from 0.94 to 1.70. According to the industry distribution chart, SOSiLA Logistics REIT ranks #622 out of 928 companies in the REITs industry, placing it in the top 67%.
Is SOSiLA Logistics REIT's PB Ratio too high?
SOSiLA Logistics REIT's current PB Ratio of 1.02 is 11% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.70. The REITs industry median PB Ratio is 0.86. SOSiLA Logistics REIT's value of 1.02 is 18.6% above this industry median. Based on the distribution chart, SOSiLA Logistics REIT ranks #622 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, SOSiLA Logistics REIT has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SOSiLA Logistics REIT's PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, SOSiLA Logistics REIT ranks #622 out of 928 companies for PB Ratio. This places SOSiLA Logistics REIT in the lower half of its industry. The industry median PB Ratio is 0.86. SOSiLA Logistics REIT's value of 1.02 is 18.6% above this benchmark. Historically, SOSiLA Logistics REIT's own PB Ratio has ranged from 0.94 to 1.70 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.86, SOSiLA Logistics REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SOSiLA Logistics REIT's current PB Ratio of 1.02 is 18.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SOSiLA Logistics REIT and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOSiLA Logistics REIT's current PB Ratio is 1.02, which is 11% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOSiLA Logistics REIT stock overvalued right now?
Based on GuruFocus' analysis, SOSiLA Logistics REIT (TSE:2979) is currently considered Modestly Undervalued. The stock's GF Value™ is 円121,727.12, compared to a current price of 円109,700.00 — trading 9.9% below its estimated fair value. The current PB Ratio is 1.02, which is 11% below median its 10-year median of 1.14 and 18.6% above the REITs industry median of 0.86. SOSiLA Logistics REIT's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For SOSiLA Logistics REIT (TSE:2979), the current PB Ratio is 1.02 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SOSiLA Logistics REIT (TSE:2979) Overvalued in 2026?

Based on GuruFocus' analysis, SOSiLA Logistics REIT stock appears to be undervalued. The current stock price of 円109,700.00 is trading 9.9% below its estimated GF Value™ of 円121,727.12. GuruFocus considers SOSiLA Logistics REIT to be Modestly Undervalued.

Key valuation signals for TSE:2979:

  • PB Ratio: 1.02 (11% below median its 10-year median of 1.14)
  • GF Value™: 円121,727.12 vs. price of 円109,700.00 (9.9% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 18.6% above the REITs median (#622 of 928)

No single metric tells the full story. See the TSE:2979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SOSiLA Logistics REIT Business Description

Industry Real EstateREITs
Address 1-17-10, Kyobashi, Chiyoda-ku, Tokyo, JPN
SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.
48GF Score

Get the complete analysis for TSE:2979

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円109,700.00
Price
円121,727.12
GF Value